ACE Software Solutions (ACE), a leading global provider of intelligent financial transaction management and sanctions compliance technology for banks and corporates, has today announced that Equens SE, the first pan-European full-service payment processor, is offering the Dutch business community conversion services based on ACE's PelicanPay.
Equens offers three separate modules that businesses and organisations can purchase either individually or combined. With Format Conversion, the current format in the Netherlands for transfers and direct debits (ClieOp) is converted to the new SEPA format (pain). Transaction Delivery enables businesses to send transactions to one or more banks via Equens. The third service is Account & Processing Information. This service enables full reconciliation of payments with bank statements in various bank specific formats into one single report.
Jan Sonneveld, COO, Equens said: "We took the decision to work with ACE not only because they are experts in the field of payments, but also because they have a proven track record in developing solutions addressing corporate needs. We look forward to a long term partnership."
Parth Desai, CEO, ACE Software Solutions commented: "I am very pleased that Equens has implemented PelicanPay - it is a tremendous endorsement of ACE Software as a player in the corporate and cash management arena. I have no doubt that the agile and robust design and breadth of functionality are major factors in Equens' decision."